About your Search

20121201
20121231
Search Results 0 to 7 of about 8
. >>> british banking giant hsbc agreed to pay $1.92 billion to settle a money laundering investigation here in the u.s. hsbc is accused of transferring billions of dollars for nations like iran doing business with firms linked to terrorism and enabling mexican drug cartels to move money illegally through u.s. subsidiaries. the settlement represents the largest pen the ever paid by a bank. >>> now pot is officially legal in colorado. people 21 and older may have up to 1 ounce of weed, smoke it, not in public and grow a small amount at home as well. the governor has created a task force to help implement the law. here's the problem. it's complicated. the federal government still says marijuana is illegal. >> rocky mountain high. i'll be the billionth person to say that. >>> countdown to double secret lift jop. the space plane is cleared to lift off at 1:05 p.m. eastern time from cape canaveral. this is an unmanned reusable mini verlgs of the space shuttle. it lifts off vertically and lands on auto pilot on a runway. no one knows what it's carrying. the cost to develop it, that is also classif
israel coming up next. >>> does the nfl have a gun culture? >>> and business news. >> hsbc, what they are accused of. in moments. you're watching "starting point." [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! >>> good morning. welcome back. i'm christine romans. minding your business. three british nationals arrested in connection with the libor rate fixing scandal. libor rate is used to set rates on loans. three arrests out of the uk right now. >>> u.s. stock futures higher. fiscal cliff talks, federal reserve meeting in washington, two drivers for investments over the next couple of days. futures holding in there for now. >>> federal and state authorities have reached a record-setting settlement with british banking giant hsbc. europe's largest lender has agreed to a staggering settlement. this i
legal risks. hsbc this week, agreed to a record $1.9 billion with a "b" settlement of money laundering with sanctions with iran and north korea. some prosecutors wanted to bring charges but the u.s. officials were concerned the consequence would cripple the bank in the u.s. hsbc executive said the bank was quote, profoundly sorry. before taxes, hsbc made $12.7 billion in profits the first half of this year, which makes it too big to prosecute. health care exchanged defined by the affordable care act to get health insurance for coverage and affordability. they will require federal involvement. utah and florida are undecided. 22 states who oppose the president will rely most on the obama administration to make health care coverage available to the residents least able to afford it. finally, where unions stand with chicago mayor rahm emanuel. in the week his former boss la meanted in michigan, he switched a contract to a non-union contractor. 300 union members will lose their jobs. they are not guaranteed full time work, will not have full health care coverage. it's owned by a man describ
in the financial crisis. a slight profit is expected. >>> and hsbc is expected to pay the government $1.9 million to settle accusations that the bank helped launder money for mexican drug cartels and for officials in iran. >>> and take a look at this. massive fireball that you'll see there, streaking across the sky over houston. unfortunately, it was not a ufo. simply a meteor that people saw before dawn, driving. very unfortunate. it was so bright, a camera caught it 500 miles away. had it been a ufo, obviously, a life-changer. >>> and it was supposed to be the game of the year between new england and houston last night. wasn't even close. even when things didn't go as planned, as you see here, well, the patriots took advantage, fumbling into the end zone. why not? tom brady and the patriots steamrolling the houston, texans. the new daddy threw for four scores. and right now, there's no doubt about who the kings of the hill are in the nfl. >> josh, thanks very much. >>> we're going to turn to the brazen shooting in midday, midtown manhattan, just steps away from carnegie hall. a young man execut
to pursue criminal charges against hsbc. the bank admits laundering money from iran, libya and myanmar. chuck grassley calls the lack of charges a declaration that "crime does pay." the justice department did not comment but defends its nearly $2 billion settlement with the bank. >>> two massachusetts costco workers are splitting a $50 million powerball prize. rosa deleon buys two tickets every day and shares them with her co-worker reginald. on wednesday the tickets finally paid off. the two will each get $11 million after taxes. congratulations to them. very lucky. >>> there is a machine that could one day be used to make homemade guns, not only that, it could make plastic guns that a metal detector won't find. you can believe some people are worried about it. here is joe johns with more. >> reporter: in the this northern virginia gun store you can buy all sorts of weapons but what if you could make weapons in your own home using a three-dimensional printer. sounds like science fiction but to some it's not far-fetched. >> primarily 3-d printers are used to manufacture parts for antiq
of papers. "san francisco chronicle." $1.9 billion settlement with british giant hsbc. they were charged with enabling drug cartels to launder money through the american financial system. >> is that bad? >> billions have dollars on behalf of iran. >> they keep moving the lines. >> i wish the regulators would pass a freakin law and stick with it. >> put your earpiece in so they can tell you to be quiet. >> to laund-if you can't laundey through mexican cartels, what can you do these days? >> sharing with marketers and other third parties without notifying parents. >> this is just not good. >> only 20% of children's apps provide disclosures about that data collection. >> this is the cutest thing. the pope is tweeting. "usa today," pope benedict will make history tomorrow when he takes to twitter to answer his pari parishioner's questions. he already has 900,000 followers in eight languages on his handle at pontiff-x. >> he follows me. >> 900,000 for the pope? beaver's got like 25 million. you would think the pope would be -- >> get off his back! >> i want to do that at some point. i know we
. but it adds -- and then you've got all the stuff you were bringing up, hsbc, you've got the high frequency trading. you got the flash crash. you got the idea that it's not an even playing field. >> and then when interest rates are 1% or 2% people feel like no one knows what they should do. >> to what end? i think a big part of it is you have to step back and say what's the bigger picture? what's the concern? a lot of people feel like the system is rigged. so that, you know, one of the things that was interesting to me at e-trade was watching the evolution of self-directed to a need for guidance. sort of some level of guided advice. >> do you believe the -- do you believe that the retail investor has a fair shot? against the institutional investor? >> no. no. i do not. >> i do not. i think that at the end of the day to level the playing field, there are certain products and services that you can buy self-directed. >> shouldn't we be trying to level the playing field? >> of course. of course. >> but the answer is it's never going to be fair -- >> the same information as an institution -- >>
's second largest economy. hsbc's preliminary monthly purchasing manager index rose 50.9 from november's 50.5. also, china story. apple's iphone is officially on sale in china starting today. that should help apple reverse a slide in its market share in that really important area. but analysts say the key to apple's future in china is a tie-up with the telecom operator china mobile. the two have been in talks for years but haven't yet come to any agreement. and you wonder how much china, how much do they want? how much do you have to give up to get a part over there? almost everything, right? >> pretty much. all of your data, everything -- >> their way, they get your technology. do they get the lion's share of -- do they split anything down the middle? >> anyway let's talk about facebook. a major facebook lockup expiration is happening today. early employees' investors will get their first chance to sell about 156 million facebook shares since the ipo back in may. and joining us now on the "squawk" newsline, henry blodget, the ceo and editor in chief at business insider. good morning. >> go
Search Results 0 to 7 of about 8